1. Larry Summers intervention in recent public debates (inflation, BBB, MMT) has to be understood in material grounds: in terms of the positions he once enjoyed in the world, Summers is now unemployable.https://twitter.com/LHSummers/status/1490424193611141121 …
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He’s not wrong about MMT.
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Given his track record of shouting down people who were, in fact, right, why should he be trusted on anything?pic.twitter.com/sUhf4xAvQt
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almost mistook you for a carpenter the way you nailed it
Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is a necessary piece, Jeet, and your angle is spot on. The toughest thing about Larry is the shape-shifting: a record of offering wildly conflicting advice that appears less tied to actual conditions, and more optimized to the elevation of his own voice.
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Yeah, I didn't make that point because it would've meant going into the weeds but, yes, he's incredibly opportunistic
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